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'Monday Conversation' with Connecticut state treasurer Shawn Wooden

Connecticut State Treasurer Shawn Wooden.
Office of Treasurer,
Courtesy Shawn Wooden
Connecticut State Treasurer, Shawn T. Wooden Advocating for Connecticut's history-making Baby Bonds bill to be enacted on a national level

The first in the nation legislation became official this year and will provide low-income children born into poverty under the states HUSKY Medicaid program, a fund that can grow to more than $10,000 by the age of 18 for those still in-state.Championed by Treasurer Wooden, he tells And Another Thing that the CT Baby Bonds program is the most effective way to narrow the racial wealth gap and break the cycle of poverty and inequality in the state.

The funds will be managed by the Office of the Treasurer and can be used to pay for higher education, purchase a home in the state, start a business in the state or invest into a retirement fund once a beneficiary is between the ages of 18 and 30 and completes a financial education requirement.

A Hartford native, the nation's only African-American-elected state Treasurer and Connecticut’s only statewide-elected African-American, Wooden is campaigning for Connecticut’s bill to be the nation's blueprint in efforts to federalize Baby Bonds.

This episode was previously broadcast on July 8, 2021.

Dara Kennedy is host/producer of NEPM's And Another Thing. Dara is a broadcast journalist who recently spent over five years working abroad as an anchor, producer, and speaker. She has been on Emmy-winning production teams and as a host and reporter has covered news and politics to sports and business. Dara has delivered breaking news and top stories and has interviewed top names for TV networks in America, London, and the Middle East. She has also served as a foreign correspondent covering Africa and the Americas. Her education and training include the London School of Economics, Peking University in China, the Big Ten and CNN international as an intern.